Buyers & Sellers Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller The pace of housing-price gains fell by the largest amount in history in August, topping the previous record for deceleration set in July, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.   Despite the slowdown, U.S. housing prices remain significantly higher than they were a year ago.  Specifically, the national index rose […]
Buyers & Sellers Remodeling Projects to Avoid When Selling Your Home It’s common for homeowners to feel compelled to remodel their homes before they sell. Renovating the spaces in your home can increase its value and help you compete with comparable listings in your area. However, some remodeling projects are more beneficial than others as you prepare to sell your home. Always talk to your agent to determine […]
Buyers & Sellers What is a 1031 exchange? A 1031 exchange is a way to sell and buy real estate while avoiding capital gains taxes. Named after section 1031 of the IRS code, it allows you to sell an investment and buy another similar investment without being taxed on the profits from your sale. It used to be possible to do a 1031 […]
Buyers & Sellers Home Prices Might Drop but Won’t Crash: What Buyers Should Know Some would-be home buyers are rooting for a full-on housing market crash because prices have zoomed so far past the point of affordability. Please “crash faster so I might be able to own my own place one day,” a Twitter user pleaded. Another user tweeted, “Let’s hope there’s a housing market crash so people have […]
Real Estate Updates Are We in a Housing Recession?   Hello there, I’m Windermere’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. A little while ago, a housing analyst was being interviewed about the current state of the residential market and they suggested that the country is in a “housing recession.” Well, needless to say, this got a lot of attention from […]
Real Estate Updates MONDAY WITH MATTHEW: The Continued Decline of the Housing Market Index Hello there, I’m Windermere’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. Today we are going to take a look at the new home market where headwinds are certainly growing. And the reason this particular subject piqued my interest was that the National Association of Home Builders just released their Housing Market Index for August, and […]
Buyers & Sellers Understanding the Value of Your Home: Market Value vs. Assessed Value and More The math of a home sale is relatively straightforward. Sellers list their home at a certain price, a buyer makes an offer, and eventually the two parties reach a final, agreed-upon price. However, between these two points in the selling process, there are several other figures that go into to setting a home’s value that […]
Real Estate Updates 2022 AUGUST SEATTLE REAL ESTATE UPDATE
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Real Estate Updates 2022 AUGUST EASTSIDE REAL ESTATE UPDATE
Buyers & Sellers 10 Tips to Upgrade Your Bedroom We spend roughly a third of our lives asleep, so it’s only right that bedrooms be high on the priority list when it comes to home upgrades. Whether you’re looking for extra comfort or added liveliness from your personal sanctuary, these 10 simple tips will level up your bedroom. 10 Tips to Upgrade Your Bedroom […]
Buyers & Sellers Upgrading Your Work From Home Space We don’t need to tell you that COVID-19 drastically changed the way we live and work. An estimated 58% of Americans are now working remotely, and it has had an impact on how we use the space in our homes. Home offices, once a luxury, are now in high demand as working from home became […]
Buyers & Sellers Simple Kitchen Makeover Ideas Kitchen makeovers sit atop many homeowners’ wish lists, but they can be stressful and costly. However, there are simple projects you can tackle that will give your kitchen the look and feel of a total overhaul without breaking the bank. Simple Projects Backsplash Giving your backsplash a makeover can do wonders for your kitchen. Get […]
Buyers & Sellers Simple Bathroom Upgrades The thought of upgrading a bathroom often brings to mind large-scale renovations, demolition, and hefty price tags. Even projects like replacing a backsplash or repairing tile can be more involved than you might think. However, it’s possible to give your bathroom a makeover without breaking the bank (or your back). Whether you’re looking to just […]
Buyers & Sellers High ROI Remodeling Projects to Increase Home Value As you prepare to sell your home, one of the major considerations you may face is whether to remodel, and if so, how to allocate your remodeling budget. Remodeling can help differentiate your home from competing listings in your area, but this competitive advantage comes at a price. The following information provides insight on which remodeling projects […]
Real Estate Updates Monday with Matthew: The Landscape for Mortgage Rates and Inflation in 2022   Hello there, I’m Windermere’s Chief Economist Matthew Gardner and welcome to this month’s episode of Monday with Matthew. You know, one of the many things I love about being an economist is that it is a remarkably humbling profession. You see, just when we start to believe that our models are close to perfection, […]
Real Estate Updates The 10 most stable housing markets in the United States, ranked The US housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets. The housing market and the economy at large have taken a wild ride this year, with home prices clinging to historic highs and mortgages […]
Real Estate Updates 2022 JULY SEATTLE REAL ESTATE UPDATE
Real Estate Updates 2022 JULY EASTSIDE REAL ESTATE UPDATE
Real Estate Updates Mortgage rates see largest decline since 2008 Mortgage rates dropped for the second week in a row, notching the largest decline since December, 2008. The 30-year fixed-rate mortgage averaged 5.30% in the week ending July 7, down from 5.70% the week before, according to Freddie Mac. That is still significantly higher than this time last year when it was 2.90%. Rates rose […]
Buyers & Sellers Housing prices continue to climb despite sky-high mortgage rates Will the Housing Market Be Better in 2024? Experts in a recent Zillow Research survey believe the inventory of housing to return to pre-pandemic levels by the end of 2024. Despite soaring mortgage rates pushing down demand for homes, real estate prices are still sky-high. Home sales have started to decline however, with some sellers […]